Security Transactions And Mortgages

Statute of Frauds for Security Agreements

Learn about the definition for this legal term.

What is Statute of Frauds for Security Agreements?

A security agreement must generally be in writing to be enforceable. It must be recorded to obtain priority over other encumbrances.

Further Reading

For more detailed information, see our related Security Transactions And Mortgages terms:

Stephanie Bagnall

Reviewed by

Stephanie Bagnall

Licensed Attorney and Legal Researcher

Stephanie Bagnall is a Georgia-licensed attorney and legal researcher with experience in accessibility law, compliance, employment law, and legal writing. She helps develop and review BarPrepHero's Legal Terms content for clarity, accuracy, and usefulness to bar exam students.

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